Civic Intelligence

Albuquerque Folk Festival

EIN 85-0464484 • 501(c)3 • Albuquerque, NM

NTEE A23

Profile

Produced and directed a live outdoor traditional music, dance, storytelling, and craft festival in October, 2023. Local, regional, and international artists performed, held workshops, and engaged the public in participation, education, and entertainment.

P O Box 4837Albuquerque, NM 87196-4837

www.abqfolkfest.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.07x

Higher debt load relative to assets than 78% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

70th percentile

0.01x

Higher debt load relative to revenue than 70% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Source year 2025

Net Margin

26th percentile

-7.1%

Higher net margin than 26% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Source year 2025

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE A23 • <$500k nonprofits • Source year 2025

Asset Growth

14th percentile

-46%

Faster asset growth than 14% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

83rd percentile

77%

Faster revenue growth than 83% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$16,095

Down $15,079 (-48%) from 2023

Liabilities

Up

$1,050

Up $12 (+1.2%) from 2023

Net Assets

Down

$15,045

Down $15,091 (-50%) from 2023

Operations
Liabilities / Revenue70th percentileNet Margin26th percentile

Revenue

Down

$54,683

Down $21,109 (-28%) from 2023

Expenses

Up

$69,774

Up $12,101 (+21%) from 2023

Net Income

Down

-$15,091

Down $33,210 (-183%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2023: $31,174Liabilities 2023: $1,038Net Assets 2023: $30,1362023Assets 2024: $16,095Liabilities 2024: $1,050Net Assets 2024: $15,0452024

Highlighted filing

2024

Assets$16,095
Liabilities$1,050
Net Assets$15,045
Open 2024 Filing

Operations Trend

Revenue Growth83rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2023: $75,792Expenses 2023: $57,673Net Income 2023: $18,1192023Revenue 2024: $54,683Expenses 2024: $69,774Net Income 2024: -$15,0912024

Highlighted filing

2024

Revenue$54,683
Expenses$69,774
Net Income-$15,091
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,095
Liabilities
$1,050
Net assets
$15,045
Revenue
$54,683
Expenses
$69,774
Net income
-$15,091
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.1$1.05$15.0$54.7$69.8$15.1
2023Detailed filing. Detailed filing data is available for this year.$31.2$1.04$30.1$75.8$57.7$18.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Mar 15, 2025
Return Version
2023v6.0
Gross Receipts
$54,683
Mission and Program Overview

Mission

Produced and directed a live outdoor traditional music, dance, storytelling, and craft festival in September, 2024. Local, regional, and international artists performed, held workshops, and engaged the public in participation, education, and entertainment.

Program Services

DescriptionGrantsExpenses
Produced and directed a traditional music, dance, storytelling, and craft festival. Local regional, and international artists performed, held workshops, and engaged the public in participation, education, and entertainment.$20,414$57,982
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David ParaPresident-$0--
Steve HunyadyVice President-$0--
Michelle SpiroSecretary-$0--
Dianne RossbachTreasurer-$0--
Tony MoraMember At Large-$0--
Randy MartinMember At Large-$0--
Jason SewellMember At Large-$0--
Nancy BrodskyMember At Large-$0--
Kat BloomMember At Large-$0--
Filing and Contact Details

Filer

Filer Name
Albuquerque Folk Festival
EIN
85-0464484
Phone
5056101971
Address
P O Box 4837, Albuquerque, NM 87196-4837

Signing Officer

Name
Dianne Rossbach
Title
Treasurer
Phone
5056101971
Signed
2025-03-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part II, Line 24

“Receivable”

Form 990-EZ, Part II, Line 26

“Refundable deposits”

Raw XML Appendix262 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PoliticalCampaignActyInd00
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05056101971
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-15
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ReturnHeader/Filer/BusinessNameControlTxt0ALBU
ReturnHeader/Filer/EIN0850464484
ReturnHeader/Filer/PhoneNum05056101971
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 4837
ReturnHeader/Filer/USAddress/CityNm0Albuquerque
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd0871964837
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-03-17T03:45:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

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